Row 78154

Row ID: 78154 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 78154 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I broadly agree with your sentiment, if someone sells 1 BTC today, in the hopes of buying 2 BTC for the currency in a couple months is just speculative trading. It's odd to call it diversifying or taking profits, because its clearly not that.

The point about keeping your monetary value in what you are paid in feels a bit off, people who don't believe in BTC, or dislike it/want to avoid it, generally invests their money into property/market. On the flip side, I don't think most people who buys exposure to BTC actually believes in it in any meaningful way. They just want to increase their net worth by entering and exiting at the right time. Which is what your comment is getting at.

It's funny you mention computer hardware, there has been price fixing and shortages in SSDsl, Memory, GPUs and for a brief moment even HDDs. It used to be possible to wait two years and know you would get the same performance for much cheaper, but that is no longer true for a lot of components. It's almost liberating in some way, to buy it when you want it instead of constantly thinking "If I just wait another year" time is the ultimate scarce resource.

FieldValue
text I broadly agree with your sentiment, if someone sells 1 BTC today, in the hopes of buying 2 BTC for the currency in a couple months is just speculative trading. It's odd to call it diversifying or taking profits, because its clearly not that. The point about keeping your monetary value in what you are paid in feels a bit off, people who don't believe in BTC, or dislike it/want to avoid it, generally invests their money into property/market. On the flip side, I don't think most people who buys e…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-24
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  "text": "I broadly agree with your sentiment, if someone sells 1 BTC today, in the hopes of buying 2 BTC for the currency in a couple months is just speculative trading. It's odd to call it diversifying or taking profits, because its clearly not that.\n\nThe point about keeping your monetary value in what you are paid in feels a bit off, people who don't believe in BTC, or dislike it/want to avoid it, generally invests their money into property/market. On the flip side, I don't think most people who buys exposure to BTC actually believes in it in any meaningful way. They just want to increase their net worth by entering and exiting at the right time. Which is what your comment is getting at.\n\nIt's funny you mention computer hardware, there has been price fixing and shortages in SSDsl, Memory, GPUs and for a brief moment even HDDs. It used to be possible to wait two years and know you would get the same performance for much cheaper, but that is no longer true for a lot of components. It's almost liberating in some way, to buy it when you want it instead of constantly thinking \"If I just wait another year\" time is the ultimate scarce resource.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-24",
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